Affordable

What Salary Do You Need to Live in South Wallins?

To afford a 2-bedroom in South Wallins, you need to earn at least $37,800/year based on estimated fair market rent data. The median household income here is $52,833, which means the typical resident is $15,033 above the threshold.

Census ACS Data Pop. 976

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$662	$2,207	$26,480	$-26,353
1 Bedroom	$784	$2,613	$31,360	$-21,473
2 Bedroom BENCHMARK	$945	$3,150	$37,800	$-15,033
3 Bedroom	$1,153	$3,843	$46,120	$-6,713
4 Bedroom	$1,418	$4,727	$56,720	+$3,887

Affordability Breakdown

Where the required salary line crosses above South Wallins's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$52,833

Annual household

2BR Required Salary

$37,800

Under 30% rule

Income Gap

+$15,033

Surplus

Verdict

Affordable

Ratio: 21.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in South Wallins

Your Annual Salary

Pre-filled with South Wallins's median household income

Max monthly rent you can afford$1,321

Studio

$662/mo

1 BR

$784/mo

2 BR

$945/mo

3 BR

$1,153/mo

4 BR

$1,418/mo

Your salary is $0 above the median income in South Wallins.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for South Wallins's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to South Wallins

Living in South Wallins is well within reach for most median-income earners. With a $15,033 cushion between what residents earn and what a 2-bedroom requires, households in South Wallins typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating South Wallins, a studio at $662/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,153/month remains accessible for dual-income households earning above $46,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,700 would position you well — though many residents in South Wallins manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in South Wallins, Kentucky.

With a total population of 976, the city supports an active civilian workforce of 201 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,800 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

201

Active civilian employees in South Wallins

Frequently Asked Questions About Renting in South Wallins

What salary do I need to live in South Wallins, Kentucky?

To afford a 2-bedroom in South Wallins under the 30% rule, you need an annual salary of at least $37,800. The median household income in South Wallins is $52,833.

Can I afford a 2-bedroom in South Wallins on $52,833?

The affordability verdict for South Wallins is "Affordable". The rent-to-income ratio is 21.5%, meaning median earners have a $15,033 surplus.

What is the average rent in South Wallins compared to median income?

The median gross rent in South Wallins is $784/month. With a median household income of $52,833, residents spend approximately 21.5% of their income on rent.

What salary do I need for a studio in South Wallins?

A studio in South Wallins rents for approximately $662/month. Under the 30% rule, you need an annual salary of $26,480 to afford this.

Is South Wallins considered an affordable place to live?

Based on the surplus of $15,033 and an affordability verdict of "Affordable", South Wallins is considered a affordable rental market when comparing the required 2-bedroom salary of $37,800 to the local median household income.

How South Wallins Compares

Other cities in Kentucky with salary requirements